BOSTON, March 31 /PRNewswire/ --

Eagle Investment Systems LLC (Eagle), a leading provider of financial services technology and a subsidiary of The Bank of New York Mellon Corporation, today announced that Fort Washington Investment Advisors, Inc. (Fort Washington) has deployed Eagle's fixed income attribution solution.

With this deployment, Fort Washington is adding to its existing suite of Eagle solutions, which includes data management, portfolio performance, and GIPS(R) composite management. These solutions were previously implemented to provide an integrated platform to support Fort Washington's fixed income investment operations and client reporting needs.

"When we selected Eagle's solutions initially, our goal was to implement fixed income attribution as part of our overall technology infrastructure plan. In the second phase, we added fixed income attribution to further automate our process and allow us to perform a deeper level of analysis that we couldn't previously achieve," said Mark Frietch, vice president of investment operations for Fort Washington.

By using Eagle's fixed income attribution solution, portfolio managers and analysts are provided with robust analysis to accurately dissect the performance of bond portfolios. The solution helps users disaggregate total return into its yield, price, and currency components and applies the general principle that bond level performance can be explained in terms of yield changes and resulting price changes in a respective risk-free market.

"The biggest challenge investment management firms face when implementing fixed income attribution is data management," said John Lehner, president of Eagle. "In the case of Fort Washington, the data was centralized and validated using Eagle's data management platform, and this allowed Fort Washington's analysts to calculate their fixed attribution needs within a short timeframe."

In a collaborative effort between Eagle's product development professionals and focused client feedback, Eagle's fixed income attribution solution was developed using an open architecture which allows users to model and group securities based on their specific needs. Industry accepted attribution methodologies were incorporated to meet the varying needs of clients. Eagle's solution can integrate an investment firm's proprietary or vendor provided market data sources to support the analytics and yield curves that are critical components to the fixed income attribution analysis. Rolled out in late 2006, the fixed income solution was seamlessly integrated into Eagle's data management platform and performance solution suite.

About Fort Washington Investment Advisors, Inc.

Fort Washington Investment Advisors, Inc. (Fort Washington), founded May 16, 1990, is the money management and primary investment arm of The Western and Southern Life Insurance Company (Western & Southern Life), with more than US$27.5 billion(1) in assets. Fort Washington is a registered investment advisor under the Investment Advisers Act of 1940 as amended ("the Act"), registration granted September 1990, and is a wholly owned subsidiary of Western & Southern Life. Founded in 1888 and a member of Western & Southern Financial Group(R) (Western & Southern), Western & Southern Life is an A++ rated insurance company by A.M. Best for superior financial strength, operating performance and market profile (highest of 16 ratings; rating held since May 1991 and subject to change). Certain employees of Western & Southern Life's Finance Department began managing investments for Western & Southern Life, and its affiliates, in 1984, developing expertise in Fixed Income, Public Equity and Private Equity. Western & Southern Life formally established Fort Washington in 1990 and subsequently transferred certain members of the Finance Department personnel to the newly formed entity. The purpose of Fort Washington is two-fold: 1) to provide investment expertise to third-party national institutional and high-net-worth clients and 2) to continue offering high-caliber investment options to the parent company.

(1) As of 12/31/2007; Does not include Todd Investment Advisors, Inc., a wholly owned subsidiary, with US$4.7 billion in primary assets under management; or Fort Washington Capital Partners Group, a division of Fort Washington, with more than US$1.4 billion in commitments under management and/or advisement.

About Eagle Investment Systems

Eagle Investment Systems LLC is a global provider of financial services technology, serving the world's leading financial institutions. Eagle's Web-based systems support the complex requirements of firms of any size including institutional investment managers, mutual funds, hedge funds, brokers, public funds, plan sponsors, and insurance companies. Eagle is committed to providing enterprise-wide, leading-edge technology and professional services for investment accounting, data management, performance measurement and information delivery. Eagle's product suite is offered as an installed application or can be hosted via Eagle ACCESS, Eagle's application service provider. To learn more about Eagle's solutions, contact sales@eagleinvsys.com or visit www.eagleinvsys.com.

About BNY Mellon Asset Servicing

BNY Mellon Asset Servicing offers clients worldwide a broad spectrum of specialized asset servicing capabilities, including custody and fund services, securities lending, performance and analytics, and execution services. BNY Mellon Asset Servicing provides services through The Bank of New York, Mellon Bank, N.A. and other related companies.

About The Bank of New York Mellon Corporation

The Bank of New York Mellon Corporation is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has more than US$20 trillion in assets under custody and administration, more than US$1.1 trillion in assets under management and services US$11 trillion in outstanding debt. Additional information is available at bnymellon.com.

Web site: http://www.eagleinvsys.com http://www.bnymellon.com

Kendra Ahern of Eagle Investment Systems LLC, +1-617-219-0209, kahern@eagleinvsys.com